You are planning to buy a new computer next Boxing Day (December 26). You are told the

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You are planning to buy a new computer next Boxing Day (December 26). You are told the price will be $59999 plus 12 in provincial and federal taxes. On October 1, you can put money into a savings account that can earn 23. How much money will you have to invest on October 1 to have the full amount of the purchase?

Posted Date: Dec 09, 2021 11:06 PM

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You are planning to buy a new computer next Boxing Day (December 26). You are told the

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Expert Answer:

You will have to invest 4833333 on October 1 to have the full a... View the full answer

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